Nepali economy

By Prajwal Shrestha According to a report in Nagarik vernacular daily, due to the Indians, construction of the postal roads in Tarai districts was delayed by 13 years.The East-West postal roads were the traditional roads in use earlier to construction of the Mahendra East-West Highway. The roads pass through middle …

By Prajwal Shrestha The Kathmandu Valley has been declared load shedding free area and the government is making efforts to declare the entire Nepal as a load-shedding free area. We commend the effort of the Energy Minister Janardan Sharma and Kulman Ghising, the general manager of the Nepal Electricity Authority. …

By Prajwal Shrestha As bank reserve has started to decline, the commercial banks have started to incline interest rates in saving deposits. From two percent in normal saving, the banks have started to give 11 to 12 percent in fixed deposits to attract the depositors. Such a trend will take …

Authorities have arrested five persons for throwing trashes into the Bagmati River at Til Ganga on Saturday. They have been fined Rs 5,000 each for their unpleasant action, according to the Kathmandu Metropolitan City, Town Police. Under the Waste Management Act-2068, those found guilty of disposing garbage in prohibited zones …

By Prajwal Shrestha Just recently, the Nepal Oil Corporation (NOC), saying that the Indian Oil Corporation (IOC) hiked the price of petro-products, has increased the price of the petro-products in the Nepali market. When different consumers group blamed the NOC, in the name of automatic adjustment of price, NOC has …

By Prajwal Shrestha Just recently, an assembly on power was held in Kathmandu with the slogan “ten thousand MW electricity in 10 years”. Similar seminar with the same slogan was held earlier also but there was no progress at all. The slogan was given by considering construction of the mega …

By Prajwal Shrestha The country’s economy is sick. Foreign trade is the main indicator to know the economic health of a nation. According to reports, in first four month of the current fiscal year, imports have been recorded double than the exports. What measures the government has introduced to curb …

It has already been more than two decades since endorsement of the Mahakali Treaty between Nepal and India in 1996. During the time of endorsement, our leaders in favour of endorsement of the treaty were making big claims. This scribe remembers, Pashupati Shumsher Rana was the minister for water resources. …

By Prajwal Shrestha Local people from Nijgadh organised walkathon from Nijgadh to Kathmandu demanding immediate construction of the Kathmandu-Nijgadh fast track and international airport in Nijgadh. As the government is delaying construction of the fast-track and Nijgadh airport, to put pressure to the government, local people have organised walkathon with …

BY PRAJWAL SHRESTHA Energy Minister Janardan Sharma has claimed that he would not issue the load-shedding schedule even during the dry season. After Sharma assumed the office, he changed the previous chief of the Nepal Electricity Authority by assigning Kulman Ghishing. After Ghishing assumed office, the scenario has been changed. …